Inactive Tutor answered 09/01/13
Tutor
New to Wyzant
The mean of a discrete random variable X is a weighted average of the possible values that the random variable can take. μx=Σxipi in other words its the sum of all random variables times their probabilities
The variance of a discrete random variable X measures the spread, or variability, of the distribution, and is defined by σ2x= Σ(xi - μx)2
Andre W.
09/01/13